Swing Trading Stock Watchlist for Week of August 15 – TradeThatSwing

The stock market has been holding up well since late-June. Stock market health is currently in good condition, so I’m scanning for and willing to take trades. This has been the case for the last few weeks.

I only trade stocks that are on my swing trading stock watchlist, as shown below.

The stock lists below are based on Contraction Patterns and Double Consolidations.

For the full swing trading method on scanning, stock selection, placing trades and exiting them profitably, see the Complete Method Stock Swing Trading Course.

Swing Trading Stock Watchlist (US and Canadian)

Here are the scan criteria used this week.

swing trading scanning criteria for US stocks
swing trading scanning criteria for Canadian stocks

174 stocks met the criteria in the US, and 35 stocks on the Canadian side.

Those results have been narrowed down to the stocks listed below.

As I was suspecting, there weren’t many contraction patterns out there right now. If you look at a chart of the S&P 500, it’s basically shot straight since mid-July. Many stocks have done the same.

Contraction patterns take time to form, moving mostly sideways for a month or more. So not many contraction patterns right now.

But there are other patterns worth watching. Double Consolidations occur after a pullback. A few of those are included in the list below.

I also noticed some bottoming triangles/contractions. These are not covered in the Swing Trading Course, but are very similar to the contractions patterns you know from the course. The only difference is the bottoming pattern comes after a bit of a drop, while the normal contraction pattern occurs after a rise.

I’m only willing to trade bottoming contraction in stocks in overall uptrends and in good overall market conditions.

stock swing trading watchlist for Aug 15 and beyond

In case you can’t read my writing, here are the symbols.



I discuss what I am looking for from each in the quick video below.

The Passive Stock Investing Using ETFs eBook is now available! Follow the guide to compound money in the background—in good market conditions and bad—with little effort, even while swing trading and day trading.

By Cory Mitchell, CMT

Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage.

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